October, 2015

article thumbnail

The New ABCs of Supplier Segmentation

ivalua

From the moment that manufacturers began outsourcing the making of parts and components that go into their products, supplier segmentation took on extreme importance. Suppliers were quickly categorized in many ways… by quality, performance, price, riskiness, and so on. As the manufacturer’s pool of suppliers grew, they also segmented their supply base by how much they spent with each, their overall value contribution, and how critical the supplier was to their supply chain.

Suppliers 153
article thumbnail

The Titans: Alibaba, Amazon, and Walmart – What is Customer Centricity?

The Network Effect

I’ll reveal what your business needs to know about The Titans: Alibaba, Amazon, and Walmart, in my newest thought leadership video coming soon. This is a sneak peak of what’s to come. The Titans: Alibaba, Amazon, and Walmart: Game Changing Strategies: Time FOR YOU TO Respond! is a roadmap that guides you through steps on how to respond to the Titans and gain profitability.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Case for Tracking Fuel Separately in Your TMS

Supply Chain Collaborator

Two interesting logistics articles in the financial media this week were the catalyst of this short post. Both articles reported on major shippers (a major truckload carrier in this Nasdaq piece and a leader in parcel delivery in the Wall Street Journal ) raising the fuel surcharges they levy on customers, despite the fact that fuel prices continue to sit at multi-year lows.

Budget 60
article thumbnail

A Demand Plan Sanity Check: Five Best Practices

Supply Chain Action Blog

There is a process that is fast becoming a necessary and key component of both demand planning and sales and operations planning. I have heard it described as “forecastability”and “demand curve analysis”, among other terms, but, here, I will call it a “Demand Plan Sanity Check” or DPSC for short. I am seeing this across industries, but particularly in consumer products.

article thumbnail

Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

article thumbnail

Deepen Your Understanding to Improve Supplier Engagement

ivalua

Suppliers have never been more important. Driven by a desire by manufacturers to insulate themselves from spiraling labor costs, manufacturers shifted production of parts and components into the supply chain. As a result, your suppliers now have a very significant impact on the price and quality of your products, your company’s reputation and ability to innovate, and even the success of the new offerings your company introduces into the marketplace.

Suppliers 100
article thumbnail

Complacency Kills. Are Your Supplier Engagement Approaches Creating a Competitive Advantage or Causing You to Lose Ground?

ivalua

With these carefully selected words, Andy Grove fostered a culture of continuous innovation at Intel. He wanted his senior leaders to encourage experimentation and prepare for inevitable market changes that would threaten Intel’s dominance. Grove abhorred complacency and urged his people to test new techniques, new products, new sales channels, and new customers, to be ready for unexpected shifts in business or technology.

Suppliers 100

More Trending

article thumbnail

The New ABCs of Supplier Segmentation

ivalua

From the moment that manufacturers began outsourcing the making of parts and components that go into their products, supplier segmentation took on extreme importance. Suppliers were quickly categorized in many ways… by quality, performance, price, riskiness, and so on. As the manufacturer’s pool of suppliers grew, they also segmented their supply base by how much they spent with each, their overall value contribution, and how critical the supplier was to their supply chain.

Suppliers 100
article thumbnail

We Just Launched Directworks 2.0. Did We Live Up to our Principles?

ivalua

This week we announced the launch of Directworks 2.0 , our new sourcing and supplier management platform. Back in February of this year, I published a post about the beliefs and principles guiding our product vision at Directworks. Now that the product has been launched, I thought it would be interesting to assess how well we lived up to those beliefs and principles.

article thumbnail

4 Indicators Suggesting Now’s the Time to Upgrade Your Logistics IT

Supply Chain Collaborator

Never mind what solution providers may tell you about why you should implement a new (or upgrade an aging) TMS solution. Here are four indicators from top tier, impartial sources that, together, represent a compelling case for why you should tackle supply chain logistics automation challenges in the next two quarters. A US Recession Just Got a Little More Likely – Bloomberg.

article thumbnail

What Makes a Superior TMS Solution Product Demo?

Supply Chain Collaborator

Do you know why everyone hates technology solution product demos? Because they’re tedious and frequently fail to explain how the solution solves the customer’s specific business challenges and pain points. Making matters worse, solutions for enterprise-level businesses (like supply chain logistics IT solutions) are complex applications covering a broad array of business processes and functions.

article thumbnail

Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

article thumbnail

Are you ready for Logistics 4.0?

The Network Effect

I’ve been working with Shanghai-based UNITY Business Consulting recently, and thought I’d pass along an interesting road map for the future of logistics. Focus on the far right column, “Logistics 4.0″, which is distinguished by such characteristics as no warehouse in the supply chain, and autonomous transportation and equipment.

article thumbnail

What’s New in Supply Chain Control Towers?

The Network Effect

It’s been awhile since we’ve covered supply chain control towers, and I thought it would be a good idea to revisit the topic, as there has been some really interesting research published over the past few months. First–Nucleus Research released its 2015 Value Matrix: Supply Chain Control Towers. If you haven’t done so already, I suggest you read the whole thing.

article thumbnail

Integrated Business Planning/S&OP in a Shelf-Connected System

The Network Effect

Note: This is the next installment in an ongoing series that explores shelf-connected supply networks. We’ve asked whether a shelf-connected system was possible with traditional ERP systems , discussed how new approaches to forecasting processes are required in a shelf-connected world, explored new types of demand-driven inventory replenishment policies. and explained why ERP system struggle to replenish in shelf-connected environments.

article thumbnail

The future of supply chain is… industry operating network backbones?

The Network Effect

This post is a series exploring the concept of a shared industry backbone in the cloud. In my first post, I explained why ERP can’t provide a single version of truth for your supply chain. In this post, I want to talk about the requirements for an industry operating backbone and why this technology is catching on: Leveraging a supply network across an industry backbone enables a new level of collaboration with both customers and suppliers, supported from a systems viewpoint providing sign

article thumbnail

Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

article thumbnail

The Future of Supply Chain?

The Network Effect

SCM World just released an interesting report (gated) on the “The Future of Supply Chain”, based on responses from more than 1000 supply chain leaders around the world. It’s full of interesting findings and predictions and I suggest you read the whole thing yourself if you can, but I thought I’d highlight the primary prediction because I think it’s spot on: New technologies, both upstream in manufacturing as well as downstream at the point of sale and beyond, are e

article thumbnail

Bad habits in retail supply chain planning

The Network Effect

The People Speak!/Flickr. Friedrich Nietsche said “Most bad habits are tools to help us through life.” This is especially true in the world of retail supply chain planning. When retailers embark upon implementing time-phased planning, it is tempting – from a change management standpoint – to tell people “this isn’t much different than what we do today” or “we’re essentially doing the same thing in a different way” While this is partiall

article thumbnail

The Titans: Alibaba, Amazon, and Walmart (New Video Coming Soon)

The Network Effect

The Titans: Alibaba, Amazon, and Walmart: Game Changing Strategies: Time FOR YOU TO Respond! is a road map that guides you through steps on how to respond to the Titans and gain profitability. Throughout the month of October we will be sharing glimpses of three game changing strategies as discussed in the video. The first is: Alibaba is the leader in Crossborder Commerce.

article thumbnail

How international shipping can be improved in today’s global automotive supply chain

The Network Effect

Note: This is an ongoing series of posts on new developments within the automobile supply chain, with examples of best practices. In earlier posts, I talked about order aggregation , new inventory replenishment policies , why a network model makes so much sense , and the all important ASN. Today I want to discuss international shipping management in the context of the new network platforms. .

article thumbnail

How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

article thumbnail

Big Opportunity for Logistics Providers? Supply planning and inbound services….

The Network Effect

Note: This is a series of posts exploring how logistics service providers can offer their customers solutions that go beyond traditional logistics processes. So far, we’ve covered order promising and delivery , replenishment planning and distribution services , supply chain benchmarking , orchestration , and harmonization. . As shippers look for global expertise and operational solutions, LSPs are in a prime position to offer inbound procurement and supplier collaboration, and with the ne